189Directors and managers liable for offences by bodies corporate

189 Directors and managers liable for offences by bodies corporate

189 Directors and managers liable for offences by bodies corporate

(1) An individual is taken to have contravened a provision of this Act or the regulations if—

(a) a body corporate contravenes the provision, and

(b) the individual is—

(i) a director of the body corporate, or

(ii) involved in the management of the body corporate, and

(c) the individual knowingly authorised or permitted the contravention by the body corporate.

(2) The individual may be proceeded against and convicted whether or not the body corporate has been proceeded against or convicted.

(3) Nothing in this section affects the liability of the body corporate for the commission of the offence.